Gary Petersen appointed to Dallas Fed’s Houston Branch board

For Immediate Release: December 16, 2019

DALLAS—The Federal Reserve Bank of Dallas has appointed Gary Petersen to the Bank’s Houston Branch board of directors for a three-year term ending Dec. 31, 2022.

In his role as a Dallas Fed board member, Petersen will provide input into regional economic conditions as part of the Federal Reserve’s monetary policy functions.

In addition, he serves as chairman of the Dallas Fed’s Energy Advisory Council.

Petersen is managing partner and founder of EnCap Investments L.P., a major provider of venture capital to the oil and gas industry.

Previously, Petersen served as senior vice president and manager within the energy banking group for Republic Bank Dallas and was an executive vice president at Nicklos Oil & Gas Company.

Petersen sits on the boards of Plains All American, Inc. as well as several EnCap portfolio companies. He is past chairman of Houston’s Council on Recovery and past chairman of Memorial Hermann Healthcare System Foundation Board.

He is also a member of Texas Tech’s Foundation Board, Business School Board and Athletic Council Board. He has served on the boards of many other civic and community organizations.

Petersen is currently a limited partner and minority owner of MLB Houston Astros and NFL Houston Texans. 

Petersen holds BBA and MBA degrees from Texas Tech University and has received the Distinguished Alumnus award. He also has completed post-graduate work at American University and the Stonier Graduate School of Banking at Rutgers University.

He served in the U.S. Army as a first lieutenant in Washington, D.C., in 1970 and 1971.

The Houston Branch board consists of seven members, four appointed by the Dallas Fed and three by the Federal Reserve Board of Governors.

For more information on the Dallas Fed, visit www.dallasfed.org.

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Media contact:
James Hoard
Federal Reserve Bank of Dallas
Phone: (214) 922-5307
Email: james.hoard@dal.frb.org